934 Sunset BlvdElbaAL36323
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Elba at 934 Sunset Blvd, Elba, AL, 36323 generates $793/mo in rent and, after a $499/mo payment, leaves $202/mo in cash flow. Total monthly income is $793/mo, and annual cash flow is $2,427/yr on $33,813 invested. Return on cash invested sits at 27.09% in year one, and rental yield is 9.33% on a $102,000 entry. Equity gained on principal adds $658/yr, while 5% annual appreciation builds toward $28,181 over five years. Five-year ROI reaches 140.92% and total cumulative return in cash sums $47,648. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $793/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36323, Elba, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,997 (100%) |
| Owner Occupied HU | 2,349 (58.8%) |
| Renter Occupied HU | 957 (23.9%) |
| Vacant Housing Units | 691 (17.3%) |
| Median Home Value | $119,821 |
| Average Home Value | $173,306 |
Housing Distribution
Address Breakdown
Residential
3,219
Single Family
3,095
Multi-Family
124
Businesses
193
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Listed by: NANCY CAFIERO • CENTURY 21 REGENCY REALTY
Mls Name: Wiregrass BOR
Mls ID: #554213
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.